E-Commerce
is associated with the buying and selling of informations,
products and services via computer networks. It
is a new way of conducting, managing and executing
business transactions using computer and telecommunication
networks. Information superhighway provides transport
technology and EDI provides the protocol for computer
exchange of business documents in standard from.

The
information processing activities in any business
can be: -

Transaction
between company and consumers over the public
network-home shopping, home banking electronic
cash credit and debit tokens for payments etc.